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Investor AB kills off U.S. venture capital program

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Investor Growth Capital will no longer make new U.S. investments.

FORTUNE -- Sweden's Investor AB has pulled the plug on its U.S. venture capital and growth equity program, Fortune has learned.

The program in question is Investor Growth Capital, which has invested more than $3 billion into over 250 technology and healthcare companies since being founded in 1996. Most of that activity has been in the U.S., where its deals have include MORE


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